USD/CHF - Dollar Swiss Franc, American Session - 03/09/09
1,0561. USD CHF moves without trend and swings around exponential moving averages (EMA 50 and 100). The price is just above 1,0530 support. The volatility rises. Bollinger bands are deviated. ForexTrend daily (Mataf Trend Indicator) is in a bearish configuration. 4H ForexSto (Modified Stochastic) indicate a bearish pressure on USD CHF. The price should find a support above 1,0530 (31 pips).
- Resistances
- 1,0635 - 1,0710
- Supports
- 1,0550 - 1,0530
tags: Forex, usdchf
author: Arnaud Jeulin
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